Two-Story Campus Retail
For Lease
Contact for pricing
709 N University Ave, Ann Arbor, MI 48104
Lease opportunity near University of Michigan’s Central Campus with rear parking and established retail surroundings.
Space Size3,380 SF
Days on Market58
Property Features for 709 N University Ave
General Information
Standard status
Active
Size
3,380 SF
Total Parking Spaces
2
Property subtype
RETAIL
Lease Type
NNN
Building Details
Stories
2
Spaces For Lease
at 709 N University Ave
Restaurant Space
$50/SF/Yr
Size
3,380 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
3,380 SF two-story campus retail opportunity available for lease. Ideally located on N University Avenue near S State Street, just steps from the University of Michigan's Central Campus, this prime location offers outstanding visibility, exceptional foot traffic, and strong retail synergy. Surrounded by established retailers and adjacent to the future Legends Global Merchandise location, the property is ideal for a café, restaurant, or retailer seeking a premier campus presence. Two rear parking spaces are included.
Contact us
Listing Agency:
Colliers - Ann Arbor
Listed By:
James H. Chaconas
(734) 994-3100
Source:
Moodyscre
Added: Aug 6
Changed: Sep 14
Last Checked: Oct 1 at 1:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Ann Arbor
Investment Insights
Based on property information with market context.
This two-story retail space offers 3,380 SF for lease at 709 N University Ave. The property includes two rear parking spaces and is positioned near S State Street and the University of Michigan’s Central Campus. Its layout and campus setting support consideration for café, restaurant, or retail use, as stated in the property information.
The surrounding area includes established retailers, and the property is adjacent to the future Legends Global Merchandise location. The site provides a campus-oriented retail setting with access to nearby pedestrian activity and neighboring commercial businesses.
The surrounding area includes established retailers, and the property is adjacent to the future Legends Global Merchandise location. The site provides a campus-oriented retail setting with access to nearby pedestrian activity and neighboring commercial businesses.
Key Highlights
- 3,380 SF of two‑story retail space
- Near the University of Michigan’s Central Campus
- Two rear parking spaces included
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,343
Businesses Nearby
Explore this area
Business Placement
Demographics for 48104, MI
41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Ann Arbor, MI
$27.06 /SF/Yr
Avg Asking Price
$1.3–$63.23 /SF/Yr
Price Range
7,881 SF
Avg Space Size
This space is priced 85% above the average of $27.06 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Lease opportunity near University of Michigan’s Central Campus with rear parking and established retail surroundings.
Where is this retail space located?
The property is located at 709 N University Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 3,380 SF of two‑story retail space; Near the University of Michigan’s Central Campus; Two rear parking spaces included
